Project Insight - Industrial Construction Projects: The Americas
Although the US is the dominant global consumer market, the Americas does not dominate the industrial construction projects market, with only 43% of the value of the Asia-Pacific industrial construction projects market. Year on year industrial production in the US has risen 2.9% in the 12 months up to October 2017. Brazil, the driver for the Latin American economies, posted growth in industrial production of 5.3% year-on-year in October 2017, which was above market expectations.
This report provides detailed analysis, information and insights based on 1,157 CIC projects in the Americas, including detailed metrics on the region's industrial construction projects (as tracked by CIC) split by country and value and by six types of project including manufacturing plants, metals and materials production and processing and chemical and pharmaceutical plants. Country profiles are provided for the top 10 countries including the US, Brazil and Canada.
Timetric’s Construction Intelligence Center (CIC) is currently tracking industrial construction projects in the Americas with a total value of US$487.0 billion. Of this, US$243.3 billion is in the planning stage.
The US accounts for the highest value with US$305.9 billion, followed by Brazil with projects valuing US$71.4 billion. Canada and Mexico follow with projects with a value of US$34.4 billion and US$16.6 billion respectively.
The Americas highest project investment is in chemical and pharmaceutical plants with a value of US$171.0 billion followed by manufacturing plants with a value of US$144.7 billion.
The largest projects currently in the pipeline are the US$16.4 billion Taiwanese-financed Microchip Fabrication Plant and the US$11.0 billion MOX Fuel Fabrication Facility both in the US.
The report provides analysis based on CIC projects showing total project values for the Americas and analysis by stage and funding for the top 10 countries.
The top 50 projects are listed for the region giving country, stage, value and type of industrial construction. Values by six types of project categories are given including chemical and pharmaceutical plants, and manufacturing plants.
Ranked listings of the top participants for the sector are also provided showing the leading contractors, consulting engineers and project owners.
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